Carbonates; Potassium Carbonate Price in Brazil - 2023

Contents:

  1. Carbonates; Potassium Carbonate Price in Brazil (CIF) - 2022
  2. Carbonates; Potassium Carbonate Price in Brazil (FOB) - 2022
  3. Carbonates; Potassium Carbonate Imports in Brazil
  4. Carbonates; Potassium Carbonate Exports in Brazil

Carbonates; Potassium Carbonate Price in Brazil (CIF) - 2022

In 2022, the average carbonates; potassium carbonate import price amounted to $1,097 per ton, jumping by 19% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,019 per ton), while the price for Italy ($908 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Price in Brazil (FOB) - 2022

In 2022, the average carbonates; potassium carbonate export price amounted to $2,581 per ton, with an increase of 84% against the previous year. Overall, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($3,050 per ton), while the average price for exports to Paraguay ($2,213 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Carbonates; Potassium Carbonate Imports in Brazil

In 2022, the amount of carbonates; potassium carbonates imported into Brazil soared to 13K tons, jumping by 72% on the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbonates; potassium carbonate imports surged to $14M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Potassium Carbonate in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea3.62.72.86.119.2%
China0.1N/A0.32.9207.2%
Russia2.72.32.82.5-2.5%
Germany0.10.40.41.0115.4%
United States0.40.30.30.931.0%
Italy1.00.30.20.4-26.3%
OthersN/AN/AN/A0.50%
Total7.86.26.914.222.1%

Top Suppliers of Carbonates; Potassium Carbonate to Brazil in 2022:

  1. South Korea (6.2K tons)
  2. China (3.0K tons)
  3. Russia (1.7K tons)
  4. United States (0.7K tons)
  5. Germany (0.7K tons)
  6. Italy (0.4K tons)

Carbonates; Potassium Carbonate Exports in Brazil

In 2022, after three years of growth, there was significant decline in overseas shipments of carbonates; potassium carbonates, when their volume decreased by -8.7% to 155 tons. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of 169 tons, and then shrank in the following year.

In value terms, carbonates; potassium carbonate exports soared to $399K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Potassium Carbonate in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay86.815216531253.2%
Paraguay11.317.032.781.092.8%
Argentina28.1N/AN/A6.1-39.9%
Venezuela28.0N/AN/AN/A0%
ChileN/AN/A21.7N/A0%
Bolivia13.4N/A17.0N/A12.6%
Others0.30.81.1N/A91.5%
Total16817023739933.4%

Top Export Markets for Carbonates; Potassium Carbonate from Brazil in 2022:

  1. Uruguay (116.0 tons)
  2. Paraguay (36.6 tons)
  3. Argentina (2.0 tons)

Source: IndexBox Market Intelligence Platform

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